Monthly Archives: June 2020

by Prinz Magtulis (Philstar.com), 18 Jun 2020 MANILA, Philippines — The Asian Development Bank (ADB)’s economic outlook in the Philippines turned gloomier two months since projecting the local economy would weather the pandemic with a respectable growth.

By Leslie Ann G. Aquino, Manila Bulletin, 18 Jun 2020 Workers and employers in Metro Manila can now electronically file their labor-related requests amid the prevailing community quarantine due to the COVID-19 pandemic.

Read more here.

by Mariel Alison L. Aguinaldo, Businessmirror, 18 Jun 2020 THE Labor department chief expects the country’s labor market, battered by the coronavirus pandemic, to recover in one to two years.

Read more here.

Read more here.

Read more here.

Read more here.

Some 400 private schools are at risk of closure due to the lack of enrollees amid the coronavirus pandemic, a survey by the Coordinating Council of Private Educational Associations of the Philippines (COCOPEA) found.

By Madelaine B. Miraflor, Manila Bulletin, 17 Jun 2020 As it faces financial and legal issues for the overseas purchase of 300,000 metric tons (MT) of rice, the Philippine International Trading Corporation (PITC) was told to just abandon the controversial government-to-government (G2G) importation plan.

by Ben O. de Vera, Philippine Daily Inquirer, 17 Jun 2020 The Duterte administration’s economic team is looking for money to implement the universal health care (UHC) program, which key team leaders believed cannot be deferred as the state-run Philippine Health Insurance Corp. (PhilHealth) runs the risk of depleting its funds.

A new report finds that automation will take over a significant part of work activities in Europe by 2030. By Daphne Leprince-Ringuet | June 17, 2020 More than 90 million workers across Europe (about 40% of the total workforce) will have to develop significant new skills within their current roles in the next ten years,…

By: Christia Marie Ramos, INQINQUIRER.net, 16 Jun 2020 MANILA, Philippines — The Philippine Health Insurance Corp. (PhilHealth) called for a postponement on the expansion of primary care benefits as it saw a significant drop in contribution collections amid the coronavirus pandemic.

By: Cielito F. Habito, Philippine Daily Inquirer, 16 Jun 2020 A particular social media post circulating in Filipino struck me. Translated into English, it says: “(1) Problem: no rides. Solution: ride bicycles. Government response: P150 bike registration fee; (2) Problem: no jobs. Solution: online selling. Government response: tax online selling; (3) Problem: poultry business losses.…

Read more here.

by Manila Standard Showbiz, 16 Jun 2020 The Department of Health (DOH), the Film Development Council of the Philippines (FDCP), and the Department of Labor and Employment (DOLE) have joined forces to release guidelines for the resumption of production work and activities in the film and audiovisual industry amid the Coronavirus Disease 2019 (COVID-19) crisis.

Read more here.

Read more here.

By Mark T. Amoguis, Assistant Research Head, BusinessWorld, 15 Jun 2020 IN THE BUSINESS lexicon, “high-tech, low-touch” refers to the process that involves high levels of automation accompanied by low-level or no personal interaction.

Read more here.

Read more here.

Read more here.

by Czeriza Valencia (The Philippine Star), 14 Jun 2020 MANILA, Philippines — The record high 17.7 percent unemployment rate in April may be an “understatement” of the country’s employment condition, according to a new research brief by the Ateneo de Manila University.

By Merlina Hernando-Malipot, Manila Bulletin, 13 Jun 2020 Believing that every child has an inherent and inviolable right to health and survival, a child rights group called for an end to child labor to give children the chance to thrive and develop to their fullest potential.

Read more here.

by Lawrence Agcaoili (The Philippine Star), 12 Jun 2020 MANILA, Philippines — The Philippines achieved a credit rating of A after Tokyo-based Japan Credit Rating Agency (JCR) upgraded the country’s credit rating to A- from BBB+ to reflect the resilience of the economy amid the coronavirus disease 2019 or COVID-19 pandemic.

by Romina Cabrera (The Philippine Star), 12 Jun 2020 MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) has authorized more than 35,000 taxis and transport network vehicle service (TNVS) units to serve commuters in Metro Manila under general community quarantine.

by Cecille Suerte Felipe (The Philippine Star), 12 Jun 2020 MANILA, Philippines — Almost 10 million learners have registered during the first eight days of this year’s school enrollment as the Department of Education (DepEd) starts to roll out multiple learning modalities amid the country’s fight against the coronavirus disease 2019 or COVID-19 pandemic.

Read more here.

By: Daxim L. Lucas – Reporter, Inquirer Business, 12 Jun 2020 Dollars sent home by expatriate Filipinos declined in March, marking the first time that the impact of the coronavirus pandemic was manifested in monthly remittances which are a key pillar of the Philippine economy.